A serial accumulation of memory, incident, consideration, reconsideration, personal discovery and attempts at truth.
It is intended for my attention and that of other interested persons
If that changes, I will extensively re-edit.
Warning:
I attempt to use inductive logic.
"I’ve
been saying for a while that Europe and the US are locked in an intense
competition, to see which of these huge, powerful, rich, sophisticated
societies could screw up most. For a long time Europe seemed to be
winning that competition, but recently the “deep bench” GOP has given
America a big boost.
Still, Europe is by no
means out of the running. It has been hard even for rootless
cosmopolitans like me to focus on their woes while we have our local
freak show, but things are going amazingly wrong over there. The refugee
crisis tops the list, probably followed by the risk of Brexit. But the
good old economic woes of the eurozone are still there.
There was a bit of a
false dawn there, as overall growth finally returned in 2014-2015, and
the risk of deflation seemed to recede. But in my inbox this morning,
Eurointelligence points out that core inflation seems firmly stuck below
one percent, and Gavyn Davies reports that “nowcasting” shows a sharp slowdown.
What’s going on?
Basically, “morning in euroland” — such as it was — reflected one-time
developments that are now in the rear-view mirror.
First, there was the stabilization of financial markets after Draghi’s “whatever it takes”.
Then there was the end of ever-intensifying austerity, removing a big drag on growth:
By STEVEN ERLANGER and STEPHEN CASTLE | Mar 1st 2016
The Conservative Party could be taking advantage of its first
majority government since 1992, but is ripping itself apart over whether
to stay in the European Union.
Gene Palmer, who worked at the Clinton Correctional Facility in
northern New York, smuggled a hacksaw blade in hamburger meat, which
Richard W. Matt and David Sweat used to flee.
As the European Union grapples with the migration crisis, the
resulting revival of checkpoints on vital transport routes threatens to
cost billions of euros in lost business.
Internal border controls threaten the European Union.
A single paragraph in the sweeping legislation could shield the
company from costly liability for making the now-banned chemicals known
as PCBs.
Yes.
"Congressional aides involved in the drafting said the language was
inserted at the request of Republican staff members at the House Energy
and Commerce Committee. One Republican committee aide disputed any
suggestion that this was a gift to Monsanto, but he said he was not
allowed to discuss the issue on the record."
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